Baidu (NASDAQ:BIDU) Raised to "Buy" at Arete Research

Baidu (NASDAQ:BIDU) Raised to "Buy" at Arete Research

Arete Research upgraded shares of Baidu from a "sell" rating to a "buy" rating and set a $143.00 price target on the stock in a research note on Tuesday.

Baidu Shares Surge as Analyst Upgrades on In-House Chip Venture

Baidu Inc. shares jumped by the most in over two years after an analyst upgraded the Chinese internet firm, citing the growth potential for its in-house chip business.

Baidu surges $6B in a day as AI momentum builds - Cryptopolitan

Baidu has surged by nearly 16% to HKD$131, the most it has jumped in more than three years in Hong Kong, in the wake of its AI chip potential growth. The company has also added $6.4 billion in market value. The AI tech firm’s price has also increased by more than 49% in the past month and roughly 57.7% in the past twelve months. Optimism about the company’s core search and AI ambitions has gained traction in the market and pushed its stock price…

Baidu Shares Surge 16% in Hong Kong as AI Push Boosts Outlook

Baidu stock jumped nearly 16% in Hong Kong on Wednesday, supported by its growing focus on artificial intelligence businesses and an upgraded credit rating, while its U.S.-listed shares climbed 8% in the previous session. Hong Kong — The rally followed a recommendation upgrade from Aret Research Services, which shifted its view on Baidu from “sell” to “buy”, citing a positive outlook for revenue from the company’s AI chip segment and cloud compu…